PepsiCo Inc (NASDAQ:PEP) currently has a daily average trading volume of 5.91M but it saw 5827132 shares traded in last market. With a market cap of 233.21B USD, the company’s current market price of $169.68 came falling about -1.03 while comparing to the previous closing price of $171.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $196.88 and as low as $155.83.
Taking a look at 20-day trading activity of PepsiCo Inc (PEP) gives us an average price of $169.03, while its current price level is -13.82% below from 52-week high level whereas it is 8.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $168.60 while that of 200 days or SMA-200 reads an average of $172.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.33% during that period while stretching the period over a month that decreases to 1.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.90 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on March 18, 2024 while assigning a price target of $190. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $180 and $195.
Over the week, PEP’s stock price is moving -1.77% down while it is 2.61% when we observe its performance for the past one month. Year-to-date it is -0.09% down and over the past year, the stock is showing a downside performance of -6.92%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $1.78 beat the consensus estimate of $1.72 for the same. For PEP, analysts are forecasting an EPS-growth rate of 7.10% for current year and estimate for EPS growth in next year is 8.10%. In next quarter, company is expected to be making quarterly sales of $22.84 billion as analysts are expecting the sales for current fiscal year at $94.77 billion and seeing the company making $99.24 billion in sales next year. Moreover, analysts are in estimates of $18.12 billion for current-quarter revenue.
Currently, PepsiCo Inc’s total number of outstanding shares is 1.37B with 0.16% of that held by the insiders while 76.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 15.51% and return on equity (ROE) at 50.90%. It has a price to earnings ratio (P/E ratio) of 25.87 while having a 19.23 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 12.60 while price to sale or P/S ratio amounts to 2.55. Its return on asset (ROA) is 9.42% on average.
